Plan Snapshot
- Plan Sponsor: Health Pro Management Services, LLC
- Sponsor EIN: 261167226
- Sponsor Address: 307 INTERNATIONAL CIRCLE, HUNT VALLEY, MD, 21030
- Plan Type: 401(k)
- Total Participants: 6,109
- Total Assets: $161.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 6,109 | $161.9M | $2,020 | $17.8M |
| 2023 | 6,357 | $144.7M | $665 | $17.3M |
| 2022 | 6,485 | $122.3M | $635 | $15.9M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| FORVIS | ACCOUNTANT/AUDITOR | $71,215 | — | $71,215 |
| GLOBAL RETIREMENT PARTNERS LLC | ADVISOR | $50,000 | — | $50,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS — ACCOUNTANT/AUDITOR
- GLOBAL RETIREMENT PARTNERS LLC — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $121,215
- Estimated Expense Ratio: 0.075% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $49,741 | $50,000 | $600 | $71,215 | — |
| 2023 | -$21,383 | $49,999 | $600 | — | — |
| 2022 | $5,239 | — | — | — | — |